Horry Citadel Club

Nonprofit profile at a glance

EIN
364890692
IRS 990-EZ coverage
2020–2022
Forms available
Form 990-EZ 2022
Location
Myrtle Beach, SC, USA
Phone
8434972920
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$12,860
Expenses
$13,282
Assets
$10,686

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Douglas Floyd (Past President)
  • Tony Zack (President)

People named in this filing

  • Douglas Floyd (Past President)
  • Tony Zack (President)
  • Gary Browning (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote The Citadel University in Horry County and support the local alumni.

What it reported doing in 2022

Promotion of The Citadel amount the local residence ofHorry County. Support Alumni, Citadel Friends, Parentsand current cadets.

Operating model

Revenue model
Other-operating. 66% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.8%; rating input score 56
  • Program expense ratio: 54%; rating input score 54

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.3%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6.3% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 78.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 55.8% of revenue deployed · 54% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $7K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2020 to 2022
  • Contacts: How to reach this organization
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.